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eLong Inc. Message Board

  • calidreamxo calidreamxo Aug 21, 2012 9:51 AM Flag

    $28 Mil Left to Buyback Stock....1.5-2 mil shares

    don't forget the huge buyback going on. elong only bought back $2 mil worth so far out of $30 mil buyback. there are likely less than 4 mil real shares avail to buy after you back out expedia and tencent ownership who are not selling. the buyback will take around 50% of real avail shares off the market in the coming quarter or two....very exciting time for elong shareholders. buyback is great floor. huge growth. sky is the limit.

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